Moly

Virgin Metals Inc. (CVE:VGM) announced that it intends to carry out a non-brokered private placement of up to 3,057,004 units at a price of $0.20 per Unit for aggregate gross proceeds of up to $611,400.

Terrane Metals Corp. (CVE:TRX) announced that at a special meeting held today, Terrane shareholders approved the previously announced acquisition of Terrane by Thompson Creek Metals Company Inc. pursuant to a plan of arrangement.

Virgin Metals Inc. (CVE:VGM) confirmed the appointment of Chris Frostad as President & Chief Executive Officer, Janet O’Donnell as Chief Financial Officer and Darren Koningen as Vice President, Project Development.

NMC Resource Corporation (CVE:NRC) announced the first assay results from one of seven deep drill holes (for a total of 1,001 meters) completed to test the down dip extent of the molybdenum mineralization below the mine workings at the NMC Moland Mine in South Korea.

Redhawk Resources, Inc. (CVE:RDK) announced the Company through its wholly owned US subsidiary Redhawk Copper, Inc. has entered into an agreement with AMT (USA) Inc. to buyout the 2.25% Net Smelter Royalty retained by AMT as part of the original Copper Creek property acquisition agreement.

Imperial Metals Corporation (TSE:III) announced that the Toronto Stock Exchange has accepted for filing the Company’s Notice for its normal course issuer bid to be transacted through the facilities of the TSX.

Columbia Yukon Explorations Inc. (CVE:CYU) reported that it has commenced a drilling program for its “Storie” Property molybdenum deposit located near Cassiar, British Columbia.

Adex Mining Inc. (CVE:ADE) provided the following update on its development strategy related to its wholly-owned Mount Pleasant Mine Property, located in south-western New Brunswick, Canada.

General Moly (NYSE Amex: GMO, TSE: GMO) announced that Gregory P. Raih has been appointed to the Board of Directors. Mr. Raih will serve on the Audit and Governance and Nominating committees.